Cars.com (CARS) shares were up nearly 3% in recent Thursday trading following its Q3 results.
The company reported Q3 adjusted diluted earnings of $0.41 per share, up from $0.40 a year earlier. Analysts polled by Capital IQ expected $0.45.
Revenue for the quarter ended Sept. 30 was $179.7 million, up from $174.3 million a year earlier. Analysts surveyed by Capital IQ expected $179.9 million.
The company said it reaffirmed its fiscal year 2024 outlook of 4.5% to 5.5% revenue growth and adjusted EBITDA margin guidance of 28% to 30%.
Price: 17.29, Change: +0.48, Percent Change: +2.83
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